China Trade- Highlight
18 Jan 2018
Because of his love for wine, Simon Cheung had been keeping a close eye on the wine market. When the opportunity presented itself, he entered the mainland wine market. During his interview with HKTDC Research, Cheung shared his insights on the rapid changes and development of this market over the past few years, providing useful information to industry players looking to follow his lead.
Hong Kong is the third biggest financial centre according to The Global Financial Centres Index 22. Although Shanghai ranks sixth on this list and has no shortage of financing channels, many Shanghai companies carry out project financing through Hong Kong. They hope to make use of the city’s convenient capital movement to develop international business, and access cost-effective resources to optimise their financing structure.
The demand for green products among mainland consumers has been rising in recent years. According to a series of focus group discussions, while more consumers are turning to online sources for the information of goods they intend to buy, offline channels remain a more trusted option. Ingredients, brand, certification mark and materials used are the common major factors they take into consideration when they shop for green products.